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Evermore Renewable Energy
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Short description

Developer of a combined heat and power plant using wood chips

Founded in 2009
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector biomass & waste-to-energy

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Ireland Belfast, Ireland
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Updated by Cleantech Group on 08/19/2021

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Date Company
Partnerships
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Date Partner Type
12/11/2013
Stobart Biomass Products Limited Stobart Biomass Products Limited
Biomass will be provided from Stobart Biomass Products Limited for the Derry/Londonderry renewable power plant
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Confirmed by Stobart Biomass Products Limited
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IPO INFORMATION

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IPO Type

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Date Investors Type Amount
07/30/2013 Investec Bank Investec Bank , Eksport Kredit Fonden Eksport Kredit Fonden , Foresight Group Foresight Group , UK Green Investment Bank (GIB) UK Green Investment Bank (GIB) , UK Waste Resources and Energy Investments UK Waste Resources and Energy Investments , GCP Infrastructure Fund GCP Infrastructure Fund , Burmeister&Wain Scandinavian Contractor A/S Burmeister&Wain Scandinavian Contractor A/S (7)
Post-money valuation of
Investment will be used for the construction of the Evermore Renewable Energy plant.
Project Finance $110,228,039
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Products
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Product image Name Product status Revenue model Cost metrics

Biomass Combined Heat and Power (CHP)

This project, which will be completed in 2015, costs EUR 81 million and will generate electricity to 25,000 homes and businesses

Product Development Products - Retail
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$/kW (projected)
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